L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 10 Feb 2026
Managers listing it
25
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 1 listed it in both
Shares listed
11,736,511
combined, among listed positions
Reported value
$143m
combined, at the quarter end

Among the 92 comparable managers: 18 buyers (opened or added shares) and 9 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +1,989,484.

Managers listing CAL in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

25 of 25 holders

ActionFiling
Fidelity (FMR LLC)5,084,334$62munder 0.1%Added+7,90117 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP1,212,095$15munder 0.1%Added+139,54513 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC1,170,307$14munder 0.1%Added+9,31227 Oct 2026 (the filing on sec.gov)
D. E. Shaw & Co.749,422$9.1munder 0.1%Added+526,93417 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP469,741$5.7munder 0.1%Added+180,38313 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP449,282$5.5munder 0.1%Added+260,79717 Feb 2026 (the filing on sec.gov)
Millennium Management LLC443,872$5.4munder 0.1%Added+36,58217 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC356,450$4.3munder 0.1%Newnew12 Feb 2026 (the filing on sec.gov)
Maverick Capital Ltd353,129$4.3munder 0.1%Added+127,38613 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC241,629$2.9munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC173,102$2.1munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp160,574$2.0munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Invesco Ltd149,583$1.8munder 0.1%Trimmed-270,19319 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP135,743$1.7munder 0.1%Added+111,40017 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP124,553$1.5munder 0.1%Added+109,81217 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC94,335$1.1munder 0.1%Trimmed-19,27613 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP87,240$1.1munder 0.1%Added+66,70817 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC64,911$790kunder 0.1%Trimmed-97,31617 Feb 2026 (the filing on sec.gov)
Brevan Howard Capital Management LP60,073$731kunder 0.1%Added+47,17317 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc46,613$568kunder 0.1%Added+8,92717 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC41,501$505kunder 0.1%Trimmed-67,49813 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC28,901$352kunder 0.1%Newnew12 Feb 2026 (the filing on sec.gov)
Man Group PLC18,104$220kunder 0.1%Trimmed-27,03317 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP11,263$137kunder 0.1%Trimmed-16,67017 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP9,754$119kunder 0.1%Trimmed-35,86810 Feb 2026 (the filing on sec.gov)

Largest increases and reductions, by shares

Q3 2025 to Q4 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
2 in Q1 2024 to 1 in Q2 2026

Tracked managers listing it, at least.

02462016201720182019202020212022202320242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
CAL by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20153$87mn.a.n.a.
Q3 20153$76mn.a.n.a.
Q4 20153$54mn.a.n.a.
Q1 20163$70mn.a.n.a.
Q2 20162$68mn.a.n.a.
Q3 20162$76mn.a.n.a.
Q4 20162$96mn.a.n.a.
Q1 20172$94mn.a.n.a.
Q2 20173$125mn.a.n.a.
Q3 20172$96mn.a.n.a.
Q4 20172$93mn.a.n.a.
Q1 20183$67mn.a.n.a.
Q2 20182$12mn.a.n.a.
Q3 20183$8.7mn.a.n.a.
Q4 20182$1.3mn.a.n.a.
Q1 20192$14mn.a.n.a.
Q2 20193$12mn.a.n.a.
Q3 20193$14mn.a.n.a.
Q4 20196$23mn.a.n.a.
Q1 20204$3.6mn.a.n.a.
Q2 20204$4.0mn.a.n.a.
Q3 20202$3.4mn.a.n.a.
Q4 20203$10mn.a.n.a.
Q1 20213$11mn.a.n.a.
Q2 20213$13mn.a.n.a.
Q3 20213$21mn.a.n.a.
Q4 20212$20mn.a.n.a.
Q1 20223$20mn.a.n.a.
Q2 20223$15mn.a.n.a.
Q3 20223$18mn.a.n.a.
Q4 20222$17mn.a.n.a.
Q1 20231$13mn.a.n.a.
Q3 20231$20mn.a.n.a.
Q4 20231$20m01
Q1 20242$29m20
Q2 20243$28m12
Q3 20242$27m20
Q4 20241$259k01
Q3 20251$2.9m10
Q4 20251$4.3m189
Q1 20261$729k1115
Q2 20261$160k1118

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

CAL and AMZN →CAL and TSLA →CAL and HD →Choose a stock to compare with CAL →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own CAL, latest filings →Back to the 13F Explorer →